Evaluation of strategic building maintenance and refurbishment budgeting method Schroeder

    Markus Christen Info
    Jules Schroeder Info
    Holger Wallbaum Info

Abstract

The method Schroeder is accepted amongst real estate professionals in Switzerland as a near standard for condition monitoring, budgeting of maintenance and refurbishment, and strategic decision support in point of building portfolios. It is based on the devaluation curves of 12 or more building elements. Main results are the actual and the prognosticated future building condition in percentage of its reinstatement value, the residual useful service life of building elements, and the calculation of future maintenance and refurbishment costs. 25 years after its first publication, this paper analyses the assumptions made, compares the method to other methods in this field, and validates the method in several steps, based on scientific or empirical evidence. Furthermore, a desktop simulation of a well-documented portfolio was performed and compared, the answers from a questionnaire amongst users are provided, and the partially controversial conclusions are discussed.

First Publish Online: 8 Dec 2014

Keywords:

Strategic property management, Building portfolio, Maintenance and refurbishment budgeting, Method Schroeder, Devaluation curve

How to Cite

Christen, M., Schroeder, J., & Wallbaum, H. (2012). Evaluation of strategic building maintenance and refurbishment budgeting method Schroeder. International Journal of Strategic Property Management, 18(4), 393-406. https://doi.org/10.3846/1648715X.2014.971917

Share

Published in Issue
December 8, 2012
Abstract Views
873

View article in other formats

CrossMark check

CrossMark logo

Published

2012-12-08

Issue

Section

Articles

How to Cite

Christen, M., Schroeder, J., & Wallbaum, H. (2012). Evaluation of strategic building maintenance and refurbishment budgeting method Schroeder. International Journal of Strategic Property Management, 18(4), 393-406. https://doi.org/10.3846/1648715X.2014.971917

Share